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The Company's reality golf series "WGL's Million Dollar Shoot Out" will be broadcast on a major U.S. cable network. The network plans to air the reality series starting in mid-January with seven one-hour long episodes. The show will air for seven consecutive weeks, with over 17 minutes of advertisement time per episode. This allows the company to sell over 238 thirty-second commercial slots.
Over the last year, the Company has generated a considerable amount of exposure by airing its reality golf series on multiple cable networks worldwide, including those in Austria, Italy, Liechtenstein, Luxembourg, Denmark, Croatia, Serbia, Bosnia and Montenegro. Extending its international outreach has also enabled the Company to pursue various markets worldwide for the MDSO.
The Company closed 2008 by announcing their intent to acquire Heathrow Enterprises, LLC, a national distributor of natural food products as well as Exfuze, a nutritional beverage. Heathrow Enterprises is based in Florida and generates revenue through online and call center sales. Its flagship product Exfuze, is a beverage that was created to improve nutrition by using various botanicals. Over the next three years, Heathrow Enterprises is projecting sales of its natural food products to total over $20 Million. WGL Entertainment Holdings, Inc. will disclose further details of the agreement upon completion of the 45-day due diligence period. For more information, visit www.incredibledrink.com.
"We are very optimistic that 2009 will allow us to prosper and grow further as we extend our business model into the $100 billion dollar wellness industry," stated Mike Pagnano, CEO of WGL Entertainment Holdings, Inc.
About WGL Entertainment Holdings, Inc.:
WGL Entertainment Holdings, Inc., through its subsidiary WGL Entertainment, is the producer of the WGL Million Dollar Shootout Reality Television Series and several other made-for-T.V. sports entertainment events scheduled to be produced in 2008 and beyond.
To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.
Contact: WGL Entertainment Holdings, Inc. www.wglentertainment.com Or call: Investor Relations 1-866-THE-APPL(E)
SOURCE: WGL Entertainment Holdings, Inc.
http://www.wglentertainment.com
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